CA - IMAX Corporation: Good Reasons To Be Bullish

2024-04-08 13:50:27 ET

Summary

• IMAX Corporation's short-to-medium term performance is expected to be good, as the company is grabbing a bigger slice of the global box office and gaining recognition from the film industry's players.
• For the long term, IMAX is actively diversifying into non-film content like events and documentaries to reduce its reliance on movies over time.
• I view IMAX stock as a good investment candidate, as there are multiple positive factors for the shares.

Elevator Pitch

IMAX Corporation ( IMAX ) is rated as a Buy.

My earlier January 30, 2023 article was focused on IMAX's business prospects in China. The current write-up details the reasons to stay bullish on the stock....

For further details see: